• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
Displaying 2563 - 2568 of 6749

 

In 2014 Kenya sold its maiden eurobond, raising $2.8bn in the process. It was an important step forward as accessing dollar-based credit has been crucial to scaling up infrastructure spending and has helped diversify funding sources.

 

Throughout the African continent, I cannot help but think that we are witnessing a quantum leap. To settle your financial transactions all you need is your phone – that is a service on the forefront of financial technology. Take a look, also, at the ID card that is spreading in many countries. With this, you can get social security payments...

 

The country’s politics have changed markedly since the introduction of a new constitution in 2010. The final document, which had been debated in parliament for the greater part of two decades, has ushered in a more decentralised political system and structure that is meant to make the government more democratically accountable and responsive...

 

While efforts at regional integration on the continent have had mixed results, the EAC has been a standout success. The trading and Customs bloc has become an increasingly important driver of sub-regional growth and development, to an extent that far outstrips the performance of other African economic communities such as ECOWAS in West Africa...

 

Ensuring clear frameworks for land rights, local content and legal authority are priorities for a variety of sectors in countries around the world. Kenya is no exception and authorities have been working to address these issues, which have come to the forefront as part of the current devolution process.

 

The largest economy in the EAC, Kenya is a major player in both the region and sub-Saharan Africa as a whole. Over the past few decades its market has transformed from being largely agrarian into one of the most diversified and innovative on the continent, even developing a thriving technology sector that some have dubbed the Silicon Savannah...

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